CON 3990V Study XII Questions and
Complete Solutions Graded A+
A contractor assumes the least cost risk in which type of contract? - Answer: Cost Plus Fixed Fee
Contracts
Unbalanced pricing occurs when the overall price appears reasonable but ___________ indicates the
price of one or more contract line items is significantly over or understated. - Answer: Cost or Price
Analysis
Communications may be conducted to enhance Government understanding of proposals; allow
reasonable interpretation of the proposal; or facilitate the Government's evaluation process. - Answer:
True
The contracting officer shall establish pre-negotiation objectives before the negotiation of any pricing
action. - Answer: True
In the UCF, information regarding a company's size status is found in - Answer: Section K
Who is responsible for making the best value decision? - Answer: Source Select Authority (SSA)
Who serves as the primary business advisor for a source selection? - Answer: Procurement Contracting
Officer (PCO)
Which two evaluation factors shall be evaluated in every source selection? - Answer: Price or cost and
quality
A protest is a ____________ ____________ by an ______________ ____________ - Answer: written
objection, interested party
An interested party is an actual or prospective offeror - Answer: True
Complete Solutions Graded A+
A contractor assumes the least cost risk in which type of contract? - Answer: Cost Plus Fixed Fee
Contracts
Unbalanced pricing occurs when the overall price appears reasonable but ___________ indicates the
price of one or more contract line items is significantly over or understated. - Answer: Cost or Price
Analysis
Communications may be conducted to enhance Government understanding of proposals; allow
reasonable interpretation of the proposal; or facilitate the Government's evaluation process. - Answer:
True
The contracting officer shall establish pre-negotiation objectives before the negotiation of any pricing
action. - Answer: True
In the UCF, information regarding a company's size status is found in - Answer: Section K
Who is responsible for making the best value decision? - Answer: Source Select Authority (SSA)
Who serves as the primary business advisor for a source selection? - Answer: Procurement Contracting
Officer (PCO)
Which two evaluation factors shall be evaluated in every source selection? - Answer: Price or cost and
quality
A protest is a ____________ ____________ by an ______________ ____________ - Answer: written
objection, interested party
An interested party is an actual or prospective offeror - Answer: True
